StudentShare solutions
Triangle menu

Peter ducker - Essay Example

Nobody downloaded yet

Extract of sample
Peter ducker

Management can survive only through superior competence and continually improving performance. Drucker has emphasized the importance of role of management not only in business but also on political state of affairs of many countries. He asserted that only management can help most of the countries to come out of their economic and/or political struggle and build their economies.
Drucker’s seven key elements, as described by Hutton and Holbeche, (Drucker, 2007a) that influenced organisational thinking and practice to a large extent include, scientific management as the key to productivity; decentralization as the basic principle of organisation; personnel management as the orderly way of fitting people into organisation structures; manager development to provide for needs of tomorrow; managerial accounting for use of analysis and information as the foundation for firm decision-making; marketing; and long-range planning (Drucker, 2007b).
Drucker’s philosophy of management was based on five basic principles: setting objectives, organising, motivating and communicating, establishing measurements of performance, and developing people and self. Drucker refers to these principles as manager’s responsibilities. However, some of these principles have been criticized by others. For example, Parkinson argued that some of Drucker’s principles are vague and others are still to be defined. He also felt that Drucker’s ignorance of a specific issue/problem seems greater than his knowledge. Some of leading management theories of the 20th century contributed by Drucker include, management by objectives; putting the customer first; the role of chief executive in corporate strategy, and structure follows strategy.
Drucker proposed the theory of the business, in which he contended the fact that businesses are run on a ...Show more

Summary

His insight and foresight have given ground-breaking principles to the management function which are viable even today, and would continue to be so…
Author : dooleyverona
Peter ducker essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Peter ducker"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Rural development research: a foundation for policy
It is even a process in which entrepreneurs develop things that have not yet been discovered and pursue one of the several opportunities that will become successful and easy to create. The process of entrepreneurs pursuing opportunities through different decision making skills is regarded as the entrepreneurial procedure.
12 pages (3000 words) Essay
CUSTOMER CENTRALITTY/ORIENTATION
But often than not, not much attention is paid to the fundamental element or entity that make these businesses, organizations and corporations who they are. By this, reference is being made to the customer, who is a very central part of the success and growth of any business, organization or corporation.
12 pages (3000 words) Essay
Leadership
The objective of the leaders is to influence the people to accomplish the determined goals of the organization. The success of any organizational objective is dependent on the effective leadership. The leaders help the people to become more than they ever thought possible.
16 pages (4000 words) Essay
Peter Enterprises
This includes mainly the sales and cost figure of the company over the period of time. Cost which are capitalized are included in the category of either depreciation or amortization expense.
3 pages (750 words) Essay
Managing organisational behaviour
The most important factors that create inequality are greed, power and money. Although, policy choices and individual behaviour also leads to inequality but it has been primarily induced into the organisation system by the wealthy, powerful and influential people in the western society.
9 pages (2250 words) Essay
Peter pan
Peter teaches the children to fly. He takes them to the ‘Neverland,’ where Peter is the head of a band of Lost Boys. The children meet various characters and take part in many thrilling adventures. At the climax, Peter leads them in a war against the pirates under the evil Captain Hook.
3 pages (750 words) Essay
Peter Jones
They are a source of economic progress and higher living standards. They thus make invaluable contribution to humanity, give employment to many people and inspire the youth to follow in their footsteps. They kindle admiration, awe, reverence and to a few idolatry.
12 pages (3000 words) Essay
Peter Bogatyrev
Peter Bogatyrev (1971) has wrote a monograph describing the relationship between traditional dresses with certain characteristics of people wearing that.
2 pages (500 words) Essay
Peter singer
His works have had the most prominent impacts on public opinions unmatched by the works of any other philosopher to date. Singer is an avid supporter
3 pages (750 words) Essay
Peter Singer
e highly acclaimed philosopher and educator from Princeton University had been taking bullets for his much controversial stand regarding issues that are quite sensitive to the prickly society. He had authored several high- profile writings that had critics question his
2 pages (500 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment